inheritance tax

Definition of "inheritance tax"
  1. A state-imposed levy on property received from a departed individual, where the tax rate varies based on the inheritor's relationship to the deceased
How to use "inheritance tax" in a sentence
  1. After her aunt's passing, she had to pay inheritance tax on the house she inherited.
  2. When he inherited his distant relative's art collection, he was required to pay an inheritance tax.
  3. The local government levied an inheritance tax on the shares she received from her grandfather's estate.

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